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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations The Southern Credit Union

The Southern Credit Union

Fiscal year ending 2022. Filed on September 18, 2023.

430 East Lanier Avenue
Fayetteville, Georgia 30214

The Southern Credit Union (EIN: 58-0905515) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, The Southern Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 90 total employees. Among the employees shown here, the average compensation is $268,462. The highest compensated employee at The Southern Credit Union is Ray Hull with fiscal year 2022 compensation of $850,281.

Revenue, expenses, and employee compensation

Revenue

$19,126,651

Expenses

$15,389,553

Employee compensation

$7,601,438
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ray Hull
Chief Executive Officer and Treasurer
$850,281
$598,413 No related comp$251,868
Jim Phillips
Chief Financial Officer
$517,978
$391,752 No related comp$126,226
James Richards
Vice President of Mortgages
$279,330
$227,068 No related comp$52,262
Barry Griffin
Vice President of Branch Services
$208,744
$172,062 No related comp$36,682
John Purdy
Chief Lending Officer
$207,769
$188,517 No related comp$19,252
Tim Pless
Chief Technology Officer
$202,354
$176,052 No related comp$26,302
Keith Saltzman
Senior DATA Analyst
$180,066
$155,694 No related comp$24,372
Shannon Meserole
Vice President, Risk Management
$143,545
$130,150 No related comp$13,395
Jason Montrois
Regional Market MGR
$124,429
$104,599 No related comp$19,830
Jared Thompson
Regional Market MGR
$120,213
$101,861 No related comp$18,352
Steven Richardson
Human Resources Director
$118,378
$100,270 No related comp$18,108

Benchmark Employee Compensation

Non-Employee Board Members

Robert Matthews
Director
$15,000
$15,000 No related compNo other comp
Randy Hobbs
Director
$15,000
$15,000 No related compNo other comp
John Rick Halbert
Secretary
$15,000
$15,000 No related compNo other comp
Morris Kelly
Chair
$15,000
$15,000 No related compNo other comp
Wilton Marchman
Vice Chair
$15,000
$15,000 No related compNo other comp
Michael Foran
Director
$15,000
$15,000 No related compNo other comp

Contractors

Fiserv
Card and Core Processing
$1,059,449
Digital Insight
Homebanking
$705,740
Bitdiamond Communications Solutions
Statement Processor
$197,753
Diebold
ATM Vendor
$180,623

Mission Statement

AS A STATE-CHARTERED CREDIT UNION, WE PROVIDE THRIFT SAVINGS, LOANS AND OTHER FINANCIAL SERVICES TO OUR MEMBERS.

Revisions to this organization profile

October 6, 2025:
2024 The Southern Credit Union 990 filed
October 2, 2024:
2023 The Southern Credit Union 990 filed
September 18, 2023:
2022 The Southern Credit Union 990 filed

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Southern Credit Union
Chattanooga, Tennessee